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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: sea_biscuit who wrote (46550)2/15/2006 8:52:36 PM
From: regli  Respond to of 116555
 
I might add that it isn't just countries holding dollars but as Don Coxe has mentioned several times, just about ALL multinationals hold Euro dollars for this purpose. The key reason is that it eliminates to a large degree currency hedging.



To: sea_biscuit who wrote (46550)2/15/2006 10:24:25 PM
From: mishedlo  Read Replies (1) | Respond to of 116555
 
What % of global trade is that with the countries in question?

Mish


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